Companies good at launching new products often have ________ culture that encourages risk-taking and the open exchange of ideas.

Question

Quizplus · Accepted Answer

An entrepreneurial culture is one that encourages risk-taking, innovation, and the open exchange of ideas, which are all essential for successfully launching new products. Centralized cultures tend to be more hierarchical and less adaptable, while bureaucratic and mechanistic cultures are often focused on maintaining the status quo rather than taking risks and exploring new opportunities.

Companies Good at Launching New Products Often Have ________ Culture